Courtney Brown
π€ SpeakerAppearances Over Time
Podcast Appearances
I am so curious how he's going to interact with the reporters in the room.
You might remember a small moment from his confirmation hearing that he kind of suggested he wasn't so into doing these press conferences after every Fed meeting, which that is a tradition that Powell started.
So in the broadest sense, you know, how much color is he going to give the
Just like Catherine was saying, there is almost like a mini revolt underway at the Fed.
We saw at the last Fed press conference, a group of Fed presidents say, I'm going to dissent.
I want the policy language to be more even handed.
Because right now, as it is, the policy language suggests that the next move could be a rate cut.
As Catherine was saying, Fed officials don't necessarily agree that will be the case, right?
So what happens to that language?
Does it get changed?
And when Fed Chair Warsh approaches the group of reporters, is he going to take us inside the meeting in a way that maybe Powell did?
Will he tell us about some of the conversation in the room?
And not to get too meta, but will he continue doing these press conferences?
That's one question I have.
I think it helps explain why consumers are so β they feel so pained by what's going on.
Not only are prices at the pump rising really quickly and that's a very salient price in the economy that consumers will feel immediately.
because of the war.
Overall, inflation is outpacing whatever gains they're getting in their paycheck.